Thu 2 Oct 2025, 16:30 GMT | Updated: Thu 2 Oct 2025, 16:34 GMT

Greenergy completes acquisition of fuel and lube distributor Armorine


UK firm expands into France following competition clearance to purchase established supplier.


Armorine supply truck.
Greenergy's acquisition of Armorine marks the company's entry into the French fuels and lubricants market. Image credit: Greenergy

UK-based energy company Greenergy has completed its acquisition of French fuel and lubricant distributor Armorine following final competition clearance.

The deal, first announced in June, includes all of Armorine's subsidiaries and operations. Founded in 1932, Armorine operates across fuel import and distribution, lubricant production, and logistics through a national network of oil depots and supply sites.

The acquisition represents Greenergy's entry into the French market as part of its European expansion strategy.

"As we enter the French market, this acquisition marks an important step in Greenergy's European growth," said Adam Traeger, CEO of Greenergy. "We look forward to working with the experienced team at Armorine and combining the strengths and expertise of our businesses to build on Armorine's success. Together, we will accelerate growth and enhance our offering in the French market."

Armorine's operations span the fuel supply chain, from import and distribution to lubricant manufacturing, supported by logistics infrastructure across France. The company has built its business over nine decades in the French energy market.

The completion of the transaction follows regulatory approval from French competition authorities. Financial terms of the acquisition were not disclosed.

Greenergy's move into France continues the company's expansion across European markets, adding Armorine's established customer base and distribution network to its operations.



Maersk Trieste vessel. Bound4blue installs first wind propulsion sails on Maersk Tankers vessel  

Spanish firm fits four 24-metre eSAIL units on Maersk Trieste under 20-sail contract.

Chemship and Econowind signing ceremony. Chemship orders VentoFoils for two more chemical tankers after fuel savings of up to 15%  

Dutch operator returns to Econowind for wind propulsion systems on Chemical Contender and Chemical Fighter.

NOCC Adriatic vessel. CIMC Raffles delivers 7,000-car LNG-fuelled carrier 70 days ahead of schedule  

Norwegian Car Carriers takes delivery of dual-fuel PCTC NOCC Adriatic from Chinese shipyard.

Keel-laying ceremony of a 155,500-dwt LNG dual-fuel crude oil tanker with builder's hull no. 0330005. Keel laid for 298,000-dwt LNG dual-fuel VLCC  

Construction begins on crude oil tanker for Andes Tankers I Inc.

VPS: 2025 Marine Fuel Review. 2025 Marine Fuel Review | Steve Bee, VPS  

VPS Group Marketing & Strategic Projects Director analyses fuel quality data from the past year.

New Sea Generation (NSG) logo. New Sea Generation processing applicants for Greece bunker trader role  

Bunker firm offering a performance-based equity stake to experienced traders with active client portfolios.

Port of Barcelona. Spanish ports see fourfold increase in LNG bunkering volumes over two years  

Renewable bioLNG accounted for 12% of marine fuel supplied in 2025, Gasnam data shows.

ICS Deck Procedures Guide cover. ICS releases deck procedures guide covering alternative fuel bunkering  

Publication completes trilogy of operational guides alongside bridge and engine room resources.

Torbjörn Bäck, Echandia. Echandia to supply 3 MWh battery system for Singapore harbour tugboat  

Swedish firm wins contract as part of Singapore's plan to electrify harbour craft by 2030.

Golden Antares and Brave Pioneer methanol bunkering. Singapore completes first methanol bunkering operation following licence awards  

Golden Island delivers 300 tonnes of methanol to dual-fuel vessel in port’s inaugural operation.